However, circumstances have changed now. No longer is a sabbatical only for professors, nor its time limited to a week. Today, no matter the domain you’re working in, you would surely qualify for a sabbatical, considering you have set a definite objective around it – one that you are intent on achieving by the time your sabbatical draws to a close.
In other words, sabbatical is not a vacation. Rather, it should be an active pursuit of a purpose in life, a period that should be marked by enrichment – of the body and mind.
Who can take a sabbatical?As pointed out earlier, everybody has the right to take that much-needed breathing space off work. This article talks about how salaried and business professionals can make the most of a planned sabbatical.
Salaried professionalsA few years into work, a professional might want to break away from the regularity of his job and indulge in a project that had been stalled for quite some time now. Writing a novel, for instance, can be a good exercise to consider. That’s because with more time on his hands now, getting the story out on paper can be a good idea.
After all, the period of a sabbatical is probably the only time one would be able to devote attention to a creative passion project such as this.
More importantly, if volunteering comes naturally to one, he/she can devote time to a worthy project and in the process, learn a good deal about themselves and others as well.
In addition, women can opt for a sabbatical from work for post-partum care. In India, maternity benefits have been extended – maternity leave duration has been increased from 12-26 weeks for a working mother with two surviving children - surpassing many Asian and European countries in the process.
Business professionalsConducting business is an arduous task – one that involves dedicating and managing a mix of resources, including human resources, financial wherewithal and machinery. Therefore, it follows that a sabbatical from business is riskier than one taken from a job. However, it doesn’t have to be that way.
A well-planned sabbatical can allow business professionals the chance to adjust, refocus and be rejuvenated for the next phase in both business and life. Besides, getting a fresh perspective on things proves handy, for it can then spur productivity by creating room for a renewed approach towards work.
More importantly, business owners can get the time to focus on personal goals – something that usually trails behind when one goes full-throttle into business. Be it staying in the pink of physical and mental health or devoting more time to family, personal goals are as important as their career counterparts.
Learn more about Mutual Funds for a good personal financial management.
The information contained herein is generic in nature and is meant for educational purposes only. Nothing here is to be construed as an investment or financial or taxation advice nor to be considered as an invitation or solicitation or advertisement for any financial product. Readers are advised to exercise discretion and should seek independent professional advice prior to making any investment decision in relation to any financial product. Aditya Birla Capital Group is not liable for any decision arising out of the use of this information.
Are Savings Enough for Retirement?
Financial discipline and life aspirations determine whether your savings are going to be enough for retirement.
5 Benefits of Health Insurance that Makes it a Must Have Cover
Here are the 5 benefits of health insurance that makes it a must to cover
When Should You Withdraw Money from a Mutual Fund?
In case of a sudden change in fund strategy or an underperformance scheme for more than 3-4 years, it makes sense to withdraw money.
How To Apply For Personal Loan
Applying for a personal loan has become extremely easy these days. With the increase in applicants, banks and other financial institutions have made the process very simple.